The aim of this article is the description of the most common mistakes of intercompany business in time of crisis. It includes a proposal for the model “How to prevent a crisis” that should warn management before the crisis and help the company overcome initial problems. It also attempts to...

This paper addresses the issue of project standby capacity optimization for capital budgeting. A detailed analysis and case study show that this is a particular real-option based situation, which solicits the use of statistical simulation. The method can be recommended as a useful heuristic for...

We present results of an analysis and comparison of 46 studies (54 economic surveys) on capital budgeting methods for investment projects evaluation with emphasis on trends in application from 70s till present. We focus on three methods: net present value method, internal rate of return and...

This article deals with clients? data processing. It describes analytical methods used for work with customer information in current practice in Czech banking environment and focuses on its further marketing utilization. There have been identified different scopes of company?s CRM program and...

The high actual topic of succession of family companies within our global and fast developing and moving world is becoming more and more important to secure our future wealth especially within our European Union. The hope is lying on the daughters and sons of yesterdays and today's entrepreneurs...

Insolvency is in the Czech Republic daily problem of large numbers of people. In their midst there are debtors, creditors, bankruptcy trustees or insolvency courts employees. Numbers of insolvency proposals are rising mainly due to a higher number of individuals - non-entrepreneurs who are...

This paper analyzes financial advisory from the perspective of the theory of games. It concludes that if non-cooperation game with information asymmetry in favor of the financial adviser, client is at a serious disadvantage. When the game is extended on cooperation, which implies also a...

We consider how the performing arts are funded in Germany, which has one of the most decentralized systems of public funding and Turkey, whose system of public funding is one of the most centralized. In Germany there is a highly sophisticated distribution of all kinds of state funded support...

The article deals with non-financial aspects of company performance, because they are currently show as the most valuable resources which companies have and therefore raises the need to seek the ways how to utilize the potential of these resources to maximum effect. The goal of this article and...

Managers in the firms are required to make several short and long term decisions. Such decisions for small firms are generally related with stocks and pricing policies and for big firms, such decisions are mostly related with production, investment, financing, stoking, and pricing the stock,...